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Arbitrum One

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Last updated · daily

Layer 2 (Ethereum)EVMbridged to Ethereum

Ethereum's largest L2 by TVL. Optimistic rollup with EVM equivalence, favored by DeFi protocols for USDC and USDT liquidity.

Stablecoin supply
$3.8B 1.30% of networks covered
Rank by supply
7 of 30 covered
Coins on this chain
56 18 above $1M
Largest coin's share
56.6% USDC
Concentration (HHI)
3,762 of 10,000
01

The mix

56 coins · HHI 3,762

Top coin — the largest coin's share of this chain's stablecoin supply. HHI — Herfindahl-Hirschman Index, the sum of squared percentage shares on a 0–10,000 scale, the same definition published for the market-wide concentration series. Both are computed over every coin with supply on the chain, not only those listed below. A chain's concentration measure describes only its stablecoin mix. It does not indicate the security of the chain or the soundness of the issuers represented on it.

# Stablecoin Type Supply on Arbitrum One
1 USDCUSD Coin Fiat $2.2B
2 USDTTether Fiat $803M
3 PYUSDPayPal USD Fiat $279M
4 USDaiUSD.AI Crypto $268M
5 USDXUSDX Money USDX Crypto $119M
6 rwaUSDiMultipli rwaUSDi Crypto $77M
7 USDGGlobal Dollar Fiat $48M
8 DAIDai Crypto $17M
9 BUIDLBlackRock USD Fiat $13M
10 USXdForce USD Crypto $11M
11 USDLLift Dollar Fiat $9M
12 MONEYDefi.money Crypto $5M
13 DUSDDigitalDollar Fiat $3M
14 DOLADola Crypto $2M
15 USDeEthena USDe Crypto $2M
16 FRAXFrax Algo $2M
17 FUSDThe Fedz FUSD Crypto $2M
18 crvUSDcrvUSD Crypto $1M

Coins with at least $1M of supply on this chain, ranked by that supply. 38 further coins hold smaller balances here and are counted in the concentration figures above but not listed.

02

The network

Launched2021
TierLayer 2 (Ethereum)
ConsensusOptimistic Rollup
Bridged toEthereum
EVM-compatibleYes
Websitearbitrum.io

Frequently asked questions

Is Arbitrum One EVM-compatible?

Yes, Arbitrum One is EVM-compatible, meaning Ethereum tools and wallets work natively.

What is Arbitrum One built on?

Arbitrum One is a Layer 2 built on Ethereum. It posts its data to Ethereum and inherits Ethereum’s settlement security, while offering lower fees and faster transactions.

Chain attribution from on-chain and cross-chain data. All networks · Methodology